Bitcoin price metrics and ‘influx’ of stablecoins to exchanges hint at rally continuation

On April 28, MercadoLibre (MELI), the largest Latin American online marketplace, launched a real estate section dedicated to cryptocurrencies. Although the company does not settle property transactions directly, it legitimizes the category as a payment system. The $81 billion retailer is the second largest company in South America and is present in 18 countries, including its…

During 2017’s bull market, most crypto services lacked the proper Know Your Customer and Anti-Money Laundering measures. Even in 2020, 56% of the analyzed 800 cryptocurrency exchanges and over-the-counter trading desks followed weak KYC practices, according to a CipherTrace report. However, the current digital asset rally has turned the crypto market upside down.As a result,…

The Hamster Kombat team said that 2.3 million users were banned from the game for cheating. 

An unexpected problem causes Bitfinex to temporarily shut down, with Bitcoin price action undoing gains in the process. 1478 Total views 3 Total shares Bitcoin (BTC) erased overnight gains on Sept. 30 as sudden problems at major exchange Bitfinex caused a mass outage.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitfinex investigates mystery shutdownData from Cointelegraph Markets…

United Kingdom-based mining firm Argo Blockchain has doubled its order of new cryptocurrency miners as it eyes “significant expansion” of its capacities.An Oct. 30 report from Proactive Investors revealed that the firm — which is listed on the main market of the London Stock Exchange —  is poised to increase its current hash power by…

As supply-chain woes continue and the U.S. dollar battles to fight back inflation concerns, crypto remains an alluring port in the current financial storm. The recent approval of the first Bitcoin (BTC) futures-linked exchange-traded fund (ETF) to trade on both the NYSE and Nasdaq from asset managers ProShares and Valkyrie Funds, respectively, has created a…

Chinese police have arrested three “highly experienced” hackers suspected of stealing up to 600 million yuan (around $87.3 million) in crypto, local news outlet Xinhua reported August 18. The alarm was reportedly first raised by an individual identified by the surname Zhang, who is said to have first filed his complaint March 30 with local…

Core Ethereum developer Preston Van Loon says that the network's long-awaited transition to proof-of-stake will most likely happen this August. 154 Total views 20 Total shares Ethereum’s long-awaited migration to a proof-of-stake (PoS) consensus mechanism, which has been pushed back time and time again, looks set to occur sometime in August. Hopefully. Preston Van Loon, a…

Covantis, a blockchain agribusiness initiative backed by major industry company ConsenSys, has taken another step towards transforming global trade and supply chain operations.Backed by global agribusiness giants like Cargill and Bunge, Covantis has been officially established as a legal entity in Geneva after receiving all necessary regulatory approval.First tests are expected to be carried out…